How long will you live after you retire, and will you have enough money to live on comfortably? Good question. That’s why – before you retire – you should think about post-retirement economic security, because few things could be worse than money running out [...]
To apply for Railroad Retirement or Social Security benefits, you must provide certain information, and it is suggested you begin the process at least three months prior to your anticipated retirement date. You will need the following information to register successfully for [...]
After a lifetime of hard work, UTU rail, bus and airline members look forward to a secure retirement. In an ideal world, it would be that simple. In the real world, careful planning and attention to detail are essential. Topping the list of retirement concerns are money and h [...]
If you retired from railroad service on or after April 1, 1967, you may be eligible for a $2,000 retiree life insurance benefit. Benefits are administered by MetLife for all retirees from railroads participating in the National Railway Carriers’ / UTU Health & Welfare Pla [...]
Would you accept a job paying $1 million to count out $2 billion in $1 bills? Think again, because working a 40-hour week and counting out $1 per second, you would require 266 years to count out the $2 billion total. Now that you have an idea how much $2 billion is, consider [...]
The Railroad Retirement Board will begin June 1 to withhold from benefits checks premiums for Medicare Part C (Medicare Advantage plans) and Medicare Part D (prescription drug plans). Withholding is voluntary, and beneficiaries should contact their plans to request withholdin [...]
It’s almost summer. The sun is higher in the sky. We spend more time outdoors. Thus, we invite skin cancer — the most common form of cancer in America. And dark skin does not mean you are immune. More skin cancer cases are diagnosed each year than breast, prostate [...]
Former UTU International President Al Chesser (1972-1979) is now 97 years old, and the fire in his belly in support of organized labor has never dimmed. The following was written by Chesser in response to creation by President Mike Futhey of the Collective Bargaining Defense [...]
Amtrak provides eligible active and retired UTU/SMART TD members with passes which can be used to get free or reduced-rate travel aboard the passenger railroad. UTU/SMART TD membership alone does not make the employee or retiree eligible for these travel privileges, and many [...]
An opinion article recently published by the Financial Times and Fox News, written by conservative financial columnist Liz Peek, takes a nasty and incorrect swipe at Railroad Retirement, saying Railroad Retirement should be eliminated and folded into Social Security. The argu [...]